Press Release March 18, 2014

Founders Workbench Presents Eight Mistakes Entrepreneurs Make

Goodwin Procter’s Founders Workbench is hosting a series of “On Air” Google Hangouts in partnership with The Capital Network.

In the most recent Hangout, Goodwin Procter partner Bob Bishop discussed the top eight mistakes that entrepreneurs make. Bishop covered eight categories of mistakes, detailed what causes them, and gave advice on how to avoid them.

The eight categories are:

  1. Failing to pay attention to corporate formalities
  2. Complicating the formation process
  3. Refusing to subject founders’ stock to vesting
  4. Dwelling on valuation
  5. Failing to raise enough money (for fear of dilution or otherwise)
  6. Spending money too quickly
  7. Failing to pick advisors who add value to your business
  8. Failing to adequately protect your intellectual property assets

View the full presentation and a video recording from the Hangout.

Founders Workbench is a free, online resource from Goodwin Procter that helps entrepreneurs navigate legal and organizational challenges. Follow Founders Workbench on TwitterFacebook and LinkedIn.